House debates

Wednesday, 3 June 2026

Bills

Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026; Second Reading

9:12 am

Photo of Josh BurnsJosh Burns (Macnamara, Australian Labor Party) | Hansard source

The Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 and the Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 are significant. They mark the moment when this House will make a determination on the way in which our government collects revenue and the way in which we set up our tax system into the future for future generations. The changes that we are discussing as part of these bills are some of the most important considerations that this House has made in my time here as a member of parliament, and I am proud to support these bills, which will set up our tax system and our revenue collection for future generations—to make it fairer, to make it more appropriate and to make sure that hardworking Australians are not left with the growing burden of our tax revenue.

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